Trump Signs GENIUS Act Into Law, Elevating First Major Crypto Effort to Become Policy

Description

WASHINGTON, D.C. — President Donald Trump fulfilled part of his vow to establish U.S. crypto regulations on Friday, signing legislation into law that formally established rules for stablecoin issuers — marking a first step that the digital assets industry hopes will end with the more important regulatory regime governing the wider crypto markets. Before a crowd of crypto executives in the East Room of the White House, a jubilant Trump signed the Guiding and Establishing National Innovation for U...